Browsing: insurance

Data from the National Financial Supervision Administration (NFSA) reveals a continuing downward trend in the number of professional insurance intermediaries in China.

Ping An, a leading insurance company in China, has released its 2024 financial report, revealing insights into agent recovery and life insurance trends.

Key developments and updates from the Chinese insurance market.

AIA Life Insurance, the wholly-owned subsidiary of AIA Group Limited in mainland China, experienced significant growth in 2024, with a 20% increase in new business value and a 10% rise in annualized new premiums.

Insurance companies are increasingly denying or canceling coverage for Bay Area homes with outdated knob and tube electrical systems, posing challenges for homeowners and real estate transactions.

A homeowner in Tennessee is seeking a court order to compel Travelers to participate in an appraisal of a hail damage claim after the insurer reportedly denied coverage.

A companion measure to Gov. Brian Kemp’s plan to overhaul the state’s civil litigation system will address the rising costs of insurance.

Restaurant owners in South Carolina are struggling with soaring liquor liability insurance costs, hindering new establishments and forcing some to close.

A policy change by the Massachusetts Property Insurance Underwriting Association, also known as the FAIR plan, could provide more insurance options for homeowners on Martha’s Vineyard, addressing high premiums and cancellation rates.

Insurance costs for Tesla owners are rising due to increased vandalism, according to experts.